Luton Carnival Arts Development Trust
03525877
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 5 outstanding charges (-10)
Details
Compliance
Last accounts
31/03/2025
full
Next accounts due
31/12/2026
Confirmation statement
Last: 10/03/2026
Due 24/03/2027
Industry
Officers
director · Since 07/04/2022
CHARTERED HUMAN RESOURRCES PROFESSIONAL
BRITISH · ENGLAND · Age 45
director · Since 14/10/2022
INVESTMENT / COMMERCIAL DIRECTOR
BRITISH · ENGLAND · Age 52
director · Since 25/04/2024
RADIO MANAGER
BRITISH · UNITED KINGDOM · Age 65
Also on 4 other boards
director · Since 20/08/2025
CARNIVAL AND COMMUNITY MANAGER
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 20/08/2025
POLICE OFFICER
BRITISH · ENGLAND · Age 51
Also on 1 other board
Charges5 outstanding
EAST OF ENGLAND DEVELOPMENT AGENCY
ARTS COUNCIL ENGLAND
EAST OF ENGLAND DEVELOPMENT AGENCY
ARTS COUNCIL ENGLAND
HARSHAD PARMAR
CompanyRankvs 32+ SIC 85520 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going con
Key FinancialsYear ending 31/03/2025
Net Worth
£4.1M
Balance sheet strength
Cash
£88k
Cash in the bank
Net Current Assets
£114k
Working capital
Current Assets
£153k
Current Liabilities
£39k
Fixed Assets
£4.0M
Debtors
£65k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 3.95 | +£4.1M |
| 2024 | 1.91 | +£7k |
| 2023 | 2.18 | +£36k |
| 2022 | 0.79 | -£21k |
| 2021 | 0.51 | -£8k |
| 2020 | 0.72 | — |
Derived from filed accounts. Not audited figures.